Gold gives up its highest levels in a month at the beginning of global trading today

  • Global gold prices fell in the first session of the week, today, Monday, after touching their highest levels in a month during last Friday’s trading, which led to an escalation of profit-taking operations by investors.

 

  • The spot price of the yellow metal fell by 0.39% to reach $2,382.81 per ounce, while the prices of futures contracts for August delivery fell by 0.25% to reach $2,391.80 per ounce, according to data from the American website “Business Insider”.

 

  • The most active gold futures ended Friday's session up 1.2%, extending their gains over the past week to 2.5%.

 

  • As for other precious metals, September silver contracts fell 1% to $31.36, and spot platinum prices fell by 0.61% to $1023.80 per ounce.

 

 

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